Michael Ryan Schmidt Acquires 7,100 Shares of Black Rock Coffee Bar (NASDAQ:BRCB) Stock

Black Rock Coffee Bar, Inc. (NASDAQ:BRCB) insider Michael Ryan Schmidt purchased 7,100 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were purchased at an average cost of $6.98 per share, for a total transaction of $49,558.00. Following the purchase, the insider directly owned 7,100 shares in the company, valued at $49,558. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Black Rock Coffee Bar Stock Performance

Black Rock Coffee Bar stock opened at $6.81 on Friday. Black Rock Coffee Bar, Inc. has a 12-month low of $6.13 and a 12-month high of $30.40. The company has a market capitalization of $340.91 million and a price-to-earnings ratio of 681.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.87 and a quick ratio of 0.77. The firm’s fifty day moving average price is $12.63 and its 200 day moving average price is $17.11.

Black Rock Coffee Bar (NASDAQ:BRCB) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). The company had revenue of $55.45 million for the quarter. On average, research analysts forecast that Black Rock Coffee Bar, Inc. will post 0.26 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BRCB has been the subject of several research analyst reports. Stifel Nicolaus dropped their target price on shares of Black Rock Coffee Bar from $27.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Raymond James Financial dropped their target price on shares of Black Rock Coffee Bar from $22.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. DA Davidson dropped their target price on shares of Black Rock Coffee Bar from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Wednesday, May 13th. Finally, Morgan Stanley dropped their target price on shares of Black Rock Coffee Bar from $28.00 to $22.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Black Rock Coffee Bar has an average rating of “Moderate Buy” and an average target price of $18.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new position in Black Rock Coffee Bar during the 4th quarter valued at about $29,000. Franklin Resources Inc. acquired a new position in Black Rock Coffee Bar during the 3rd quarter valued at about $36,000. Roxbury Financial LLC acquired a new position in Black Rock Coffee Bar during the 4th quarter valued at about $39,000. FNY Investment Advisers LLC acquired a new position in Black Rock Coffee Bar during the 3rd quarter valued at about $50,000. Finally, Strs Ohio acquired a new position in Black Rock Coffee Bar during the 4th quarter valued at about $65,000.

Black Rock Coffee Bar Company Profile

Our Mission: To Fuel People Forward – One Connection, One Moment, One Cup at a Time We are a high-growth operator of guest-centric, drive-thru coffee bars offering premium caffeinated beverages and an elevated in-store experience crafted by our engaging baristas. Black Rock Coffee Bar was founded in 2008 in Beaverton, Oregon, by our co-founders Daniel Brand and Jeff Hernandez. What started as a single 160 square foot coffee bar in 2008 is now one of the fastest growing beverage companies in the United States by revenue and the largest fully company-owned coffee retailer in the country, with 158 locations spanning seven states as of June 30, 2025, from the Pacific Northwest to Texas.